Alibaba files to go public in the U.S.

Mike

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Figured I would share since a lot of us use AliExpress. Just got a push notification on my phone from the NY Times app that Alibaba filed to go public in the U.S.
 

Kenjusticejr

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"to go public" ?? meaning they will sell to the public? or sell stock on the exchange? not following what you mean... is it a good thing, or a bad thing? lol
 

hmjgriffon

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Mike

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http://dealbook.nytimes.com/2014/05/06/alibaba-files-to-go-public-in-the-u-s/?_php=true&_type=blogs&_r=0

sorry, a google search answered my question. Very interesting...maybe i'll buy $1K worth of stock and see where it goes...
Interesting indeed! Could be worth it.

I want to know when they will start storing stuff inside the US so I can buy cameras cheap and get them in 2 days without chartering a concord. :)
Maybe this is the start of that. With Amazon's stock not doing great lately, perhaps this is the perfect opportunity for AE to gain more marketshare in the U.S.
 

Kenjusticejr

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I'm going to keep an eye on it and see how it plays out...I'm betting the prices go up a bit once popularity is gained in the USA...
 
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